Citizens’ Council for Health Freedom
Health Freedom Minute December 28, 2012
Obama Supporteres Grab Wealth Before Tax Hike Jim Sinegal, co-founder of Costco, supports President Obamaʼs rhetoric of shared sacrifice. But apparently sacrifice only goes so far. He and the Costco board voted to pay stockholders, including themselves a special $7 per share dividend this month to avoid the presidentʼs new soak-the-rich taxes on investments and income. According to The Wall Street Journal, getting the dividend now means avoiding a tax rate of up to 43.4% next year when the Bush tax cuts expire and when Obamacare taxes investments at 3.8%. Mr. Sinegal will be keep $4 million dollars more this year as a result. Sinegal has wealth to spare when Obama takes it. Do you? “Costcoʼs Dividend Tax Epiphany,” REVIEW & OUTLOOK, The Wall Street Journal, November 30, 2012.
Presented daily by Twila Brase, President, Citizens’ Council for Health Freedom. The Health Freedom Minute is now heard in 37 states: Mornings M-Th at AM1280 (The Patriot) in MN and 91.5 AM WHKC (FreedomFM) in OH, afternoons on American Family Radio, and daily on the Bott Radio Network.
CCHF ● 161 St. Anthony Ave. ● Suite 923 ● St. Paul, MN 55103 ● 651-646-8935 ● www.cchfreedom.org CCHF supports patient and doctor freedom, medical innovation, and the right of citizens to a confidential patient-doctor relationship.
